After a rapid rise in 2021 and 2022, the Farm Credit East Production Cost Index has plateaued after relatively modest increases over the previous decade. This index tracks farm production costs on a relative basis, weighted towards costs that affect Northeast producers most. Major components of the index include labor, energy, family living expenses, crop inputs, as well as costs like animal feed and other dairy-related expenses, given that sector’s prominence in our region.
Ag Industry Trends & Outlooks
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Latest From Today's Harvest Blog
May is Mental Health Awareness Month, which is a good time to check in on your own mental wellbeing and that of your family, staff, and loved ones.
May 14, 2024
Featured Webinar
Farm Credit East hosted Mark Cannella of the University of Vermont for a look at the Maple syrup and sugar industry in 2024.
April 10, 2024
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On March 14, 2024, Chris Gerlach, USApple’s Director of Industry Analytics reviewed data on holdings, movement, trade, and prices to see how markets are reacting to, what is by all accounts, a banner year.
March 14, 2024
Dr. Charlie Hall of Texas A&M University gives a Green Industry update and economic outlook for 2024, including a look back at 2022, landscape sector resilience, the varied profit levels seen across the industry in 2023 and look to the implication of new technology and innovation.
March 13, 2024
The following report utilizes data from the U.S. Apple Association’s monthly storage survey (USAppleTracker) along with publicly available data on movement, trade and prices to unpack the season to date and see how markets are reacting to, what is by all accounts, a banner year.
March 11, 2024
In this month's Knowledge Exchange Partner, Forest Economic Advisors, LLC (FEA) examines the forest product markets over the coming year including the state of recession predictions, overall economic growth, and construction and manufacturing markets in this year's 2024 Outlook for the Forest Products Industry report.
March 06, 2024
Northeast Economic Engine
Download Farm Credit East’s Northeast Economic Engine report, which analyzes the economic impact of the Northeast agriculture, forest products and commercial fishing industries. This report was released in November 2020.
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